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Posted by
truenorth
on 2007-10-13

PUBLIC:

It's hard to say more than what's already been said, but I can't think of any situation that it would be a good idea to get involved with this gang. The level of dishonesty combined with the lack of competence is staggering. Maybe as a late round "dumb money" investor in a telecom, but in that case I'm certain you can find someone better.

Posted by
intrepid_one
on 2007-10-11

PUBLIC:

This is a firm marked by partner upheaval, lack of competence, unethical behavior, poor VC community reputation and marginal performance.

They should be viewed as a funding party of last resort. If you take their money be prepared that other VCs will not entertain investing in subsequent funding rounds, know that they will exhibit passive aggressive behavior - ignoring your calls or emails sometimes for weeks on end, that they will not be straight or honest in their dealings with you and you will be left only to your own devices to create value. You will not only be alone, but you will also be harnessed with the overhead of dealing with a talentless, lying and unresponsive partner.

Worst yet, Kevin Kilroy and Joe Saviano are guys you would never choose to involve in your company, enjoy a beer with nor join your club. Steer away from these individuals at all cost - they are not qualified to be VCs and have no track record.

Posted by
bergsund
on 2007-06-28

PUBLIC:

They've been very supportive of me and my team, they have operating experience and they're not afraid to take a contrarian approach and invest for the long haul. Rob Manning is a good board member. Their portfolio companies have had significant revenue and EBITDA growth over the last year.

Posted by
jroche
on 2007-06-06

PUBLIC:

Baker invested in our company early and was the only VC on our Board. John Baker, Henry and Ed Scott provided good advice, strategic introductions and support as we went through layoffs, re-orientation of the company and a recap. We would and will work with them again.

These jokers are easily the worst VC in the country, bar none. If you are left with the choice of taking money from Baker or shutting down, shut down and count your blessings. No operating experience, no class, no honor = no value. I would be shocked if they are still in business when this fund is over.

OK, yes, we were missing our numbers and running out of cash. But other VC's were interested in a re-cap. Baker, who didn't want to put in more cash, decided to let us go bankrupt rather than let someone else dilute them. Read on...